The Minister for Finance, Paschal Donohoe T.D., has today (Tuesday) announced the extension of the 9% Value Added Tax (VAT) rate for the tourism and hospitality industry for a further six months. The proposal was approved by Government at the Cabinet meeting today. The 9% VAT rate will therefore remain for these sectors until 28 February 2023.
The estimated cost of this further extension is €250m.
This extension will cover the same goods and services as the original measure, restaurant supplies, tourist accommodation, cinemas, theatres, museums, historic houses, open farms, amusement parks, and hairdressing, as well as certain printed matter such as brochures, leaflets, programmes and catalogues.
Source gov.ie
